Post Office MSSC Scheme : Anyone can invest in the post office, be it a child, an elderly person or a young person. But there is a scheme run by the post office especially for women, which is called Post Office Mahila Samman Saving Certificate.
Under the Mahila Samman Bachat Patra Yojana, women can generate a very good income on maturity by depositing their savings amount. Because, women are provided with very attractive interest on investing in this scheme.
Actually, women have to invest only for two years under this scheme. In this, you can deposit a maximum amount of up to Rs 2 lakh and yes, only women and girls can invest in this scheme.
You will get this much interest on investing
If you invest in the Post Office MSSC Scheme, you will be paid at the rate of 7.50 percent. Apart from this, TDS will not be deducted on the interest you earn.
Apart from this, women are given interest exemption under Section 80C of Income Tax on investing. Along with this, the interest money is deposited in your account every 3 months. But you can withdraw the money only on maturity.
Rules of this scheme
In the Post Office Scheme, you are required to deposit a minimum amount of Rs 1000. Apart from this, if you already have an account under this scheme and you want to open another account.
So for this you have to keep a gap of minimum 3 months and after that you can open the account. If you want to withdraw money from this account, then you can withdraw money after 1 year.
If the policy holder dies suddenly, then any member of the family can close this account permanently. For this, you will have to submit some necessary documents.
You will get these benefits
By investing in this scheme, you get a strong interest of up to 7.5%. Apart from this, only women and girls will be a part of this scheme. You will get benefits if you have the documents.
Apart from this, if there is a minor girl child and you want to open her account, then the account can be opened by the guardian and parents. The money invested by you remains absolutely safe.
Along with this, by investing in this scheme, you get tax exemption from income tax. You can invest an amount from 1 thousand rupees to 2 lakh rupees. You can open an account again after 3 months of opening an account.
Eligibility to invest
Only women and girls of India can apply in the Post Office scheme. After this, the annual income of the woman applying should not be more than Rs 7 lakh.
Apart from this, women of any age can open their account in Post Office Mahila Samman Savings Certificate Scheme.
Women will become rich by saving this much money
If you want to earn money by opening an account in this scheme, then you will have to invest for it. The more money you deposit in it, the more benefits you will get.
However, if a woman deposits Rs 2 lakh for 2 years, she will get interest of Rs 32,044 at the rate of 7.5 percent. Whereas, on maturity, the entire amount of Rs 2 lakh 32,044 will be received.
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